True or false Hand washing should last a minimum of 15 seconds

Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely

MaRussiya [10]

Answer: Wholesaler

Explanation:

Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely a wholesaler.

A wholesaler involves someone who buys goods from the manufacturer or producer in bulk, that is large quantities and then sell to the retailers after which the retailer then sells to the consumers

Here, Television Haven is a whilesaler while the department store is a retailer.

5 0

3 years ago

In its 2016 annual report, Caterpillar Inc. reported the following (in millions): 2016 2015 Sales $38,537 $47,011 Cost of goods

Marina CMI [18]

Answer:

As a percentage of sales, Caterpillar’s gross profit decreased during 2016.

Explanation:

Gross profit is the net of Sales amount and cost of goods sold for the year. Gross profit is the profit earned from the activities of the business before incorporation of operating expenses.

2016 2015

Sales $38,537 $47,011

Less: Cost of goods sold $28,309 $33,546

Gross Profit $10,228 $13,465

GP as percentage of sale 26.54% 28.64%

Working

GP 2016 = ( $10,228 / $38,537 ) x 100 = 26.54%

GP 2015 = ( $13,165 / $47,011 ) x 100 = 28.64%

6 0

3 years ago

Decision Case F:2-1 Your friend, Dean McChesney, requested that you advise him on the effects that certain transactions will hav

Roman55 [17]

Answer:

A-Plus Travel Planners

Analysis of transactions:

A. Cash $10,000 (Increase Assets) Common Stock $10,000 (Increase Equity)

B. Office Supplies $300 (Decrease Profit) Cash $300 (Decrease Assets)

C. Advertising expense $700 (Decrease Profit) Cash $700 (Decrease Assets)

D. Salary expense $1,400 (Decrease Profit) Rent Expense $1,000 (Decrease Profit) Cash $2,400 (Decrease Assets)

E. Accounts Receivable $8,800 (Increase Assets) Service Revenue $8,800 (Increase Profit)

F. Cash $1,200 (Increase Assets) Accounts Receivable $1,200 (Decrease Assets)

Explanation:

a) Data and Calculations:

Expected net income = $6,000

Service Revenue $8,800

Expenses:

Office Supplies $300

Advertising 700

Admin. Salary 1,400

Rent 1,000 $3,400

Net income $5,400

Expected profit 6,000

Required improvement $600

b) To achieve profit target of $6,000 under the current revenue profile, A-Plus Travel Planners must decrease expenses by at least $600. Alternatively, it can increase its revenue by the same amount, while maintaining its costs at current level.

8 0

3 years ago

The daily water consumption for an Ohio community is normally distributed with a mean consumption of 850,125 gallons and a stand

malfutka [58]

Answer:

908.315

Explanation:

6 0

3 years ago

Car owners can incur a number of costs. Suppose that your parents are willing to pay for the fixed costs of your car, but you mu

xz_007 [3.2K]

Answer:

1. Monthly car payment ( fixed cost)

2. gasoline (variable cost)

3. oil changes (Variable cost)

4. insurance (fixed cost)

5. License plate (Fixed cost)

6. car registration (fixed cost)

7. New tires (variable cost)

8. toll road charges (variable cost)

9. car wash cost (variable cost)

Explanation:

First, you have to know that there are two main kinds of costs that a company or and individual can incur, and they are; fixed cost or variable cost.

Fixed cost:

A fixed cost remains the same, no matter the volume of output. In a company production cost, a fixed cost does not change no matter how many goods or services the company produces. Examples are rent, salaries, insurances, utilities etc. Even though a company does not make any production within a certain month, it will still have to pay the rent for its apartment and equipment, and the workers must be paid too. so the cost remains the same whether output increases or decreases. In our example, the fixed cost on the car is one that does not change no matter how much time the car is used within that month or period, and they include; monthly car payment, which must have a certain fixed amount during the first payment, insurance is fixed, license plates which is a one-time payment is fixed, car registration (annual) is also fixed, how the car was used or not used that year does not affect the annual registration.

variable cost:

A variable cost is one that changes as the volume of production or output change. Example if a company usually incurs a cost of $2 on leather for producing a pair of shoes and it usually produces 1000 pairs in a month, it means its monthly cost for leather is $2000 dollars. If it produces 4000 pairs this month, the cost of production increases to $8000 for the month so it varies with production volume. In our example, the variable cost on the car are costs that change periodically with how the car is used; gasoline, oil changes, toll road charges (which depends overall on how many times the car is used on the road) and car wash cost are all variable costs.

4 0

4 years ago